Which of the following is the result of The Economic Growth and Tax Relief Reconciliation Act enacted in 2001
A) reduction of the highest marginal tax rate
B) increased the marriage penalty
C) created a new 40% tax bracket
D) both a and c
Correct Answer:
Verified
Q25: The exclusion of interest of state and
Q28: The reduction in marginal tax rates will:
A)increase
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Q35: Under the federal personal income tax rules
Q36: Removing savings from the tax base of
Q36: Which is a justification for tax preferences
A)
Q37: The personal income tax in the United
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